DIAMOND DRILL RECORD. Azimuth: 2700 Dip: 800 Total Depth: 600'(500'+ 100'deepening) Core Size: BQ Date Deepened: March 25, 2003

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1 RECEIVED Company: Flag Reurces (1985) Ltd. DIAMOND DRILL RECORD Property: Rathbun Lake Hole No. RBL 3-2 Deepening p ri 7 - ^r i U t ^JL.J GEOSCIENCE ASSESSMENT QfFICE Page l Claim No. S.I Collar Location: 14' north of old shaft, 22' east of holes RL 92 - l *fc RL Approximately 47' uth *fc 383' west of #1 post, claim S.I Elevation approximately 18' above collar RL Azimuth: 27 Dip: 8 Total Depth: 6'(5'+ 1'deepening) Core Size: BQ Date Deepened: March 25, 23 Logged By: P. E. Giblin, August 6, 23 Drilling Company: RonKor Diamond Drilling Ltd. Hanmer, ON Core Stored: 95 Suez Drive, From - To (feet') -5 Description Note: see original log RBL 3-2 for details. Summary only presented below for this section Overburden Nipissing Gabbro Gowganda Formation Feldspathic wacke Laminated siltstone, thinly bedded feldspathic wacke. Feldspathic wacke, interbedded laminated siltstone Fault zone. Core badly broken. Fault gouge, numerous chloritic slips at O, 2, 5, 8, 9 degrees to core axis Bedding at 9 degrees to core axis. 41I15SE RATHBUN 1

2 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-2 Deepening Page 2 From - To (feet) Description Thinly bedded to very thinly bedded feldspathic wacke, interbedded dark gray laminated siltstone and minor varved siltstone. Lenticular bedding common. Varved beds typically 15-2 mm thick. Graded bedding in varved siltstones indicates stratigraphic tops are "up-hole", i.e. tops face east. Rocks exhibit moderate magnetic attraction throughout section Intraformational breccia. Dark siltstone laminae show angular brecciation, fragments set in pale yellow - green fine - grained wacke laminae Bedding at 8 degrees to core axis Fracture zone: chloritic slips at O, 1, 8 degrees to core axis, minor earthy red hematite and epidote - quartz - feldspar veinlet 2 mm thick Fault zone: intermittently broken core with numerous chloritic slips at 4, 5, 6, 8 degrees to core axis, epidote and earthy red hematite in fault gouge Bedding at 8 degrees to core axis. Very sparse chloritic slips at O, 1, 2, 3, 7, 8 degrees to core axis l A few varved beds, bedding at 9 degrees to core axis Pronounced varved bedding. Beds commonly 15-2 mm thick.

3 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-2 Deepening Page 3 From - To (feet) Description 58. Bedding at 8 degrees to core axis Intermittent varved bedding Bedding at 8 degrees to core axis. End Notes: Hole planned by and drilled on instructions of M. C. Mcleod. Hole location data from R. J. Charron.

4 Lake Wanapitei Rathbun Lake ;~ : ":~ 'A KEY MAP LOCATION OF CLAIMS S S S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

5 tt l Post -D S Rathbun Lake RL A, 96-2-A (-7", 2835') l -AO x-t RBL 3-2 (-8, 5', deepened 1' in 23 to 6') RL96-1.RB98-3 (-9", deepened 323' in 1998 to 1,735') Old Shaft I/I RBL 3-1 RL 88-1 ^ (-6, 53') (-45", 125') -SETRB 98-1 (-7", 555') RB98-2 (-7", 81) SCALE 1 Feet 2 l PLAN OF DRILL HOLES RBL 3-1 A - 2 CLAIM S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

6 O Rathbun Lake RL92-1, 1-A, 96-2-A (-7", 28355') RBL 3-2 (-8, 5') Ib 6' Legend 3 Sudbury Breccia 2 Nipissing Gabbro 2835' 1 Gowganda Formation a Laminated siltstone, feldspathic wacke b Feldspathic wacke, minor laminated siltstone fz Fault zone, fault breccia O l SCALE 1 2 l Feet SECTION ON DRILL HOLE RBL 3-2 LOOKING NORTH CLAIM S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

7 c- r* DIAMOND DRILL RECORD RECEIVED SEP O 2 2CG3 GEOSCHENCE ASSESSMENT OfFICE Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-3 Page l Claim No. S Collar Location: 1,62' west, 225' north of #2 post claim S.I , c. 2' east of shore of Rathbun Lake. 89'north of old shaft. Azimuth: 315 Dip: 45 Total Depth: 255' Core Size: BQ Date Started: March 26, 23 Date Completed: March 27,23 Logged By: P. E. Giblin Date Logged: August 5, 23 Drilling Company: RonKor Diamond Drilling Ltd. From - To (feet) Core Stored: 95 Suez Drive, Hanmer, ON Description -15 Overburden Gowganda Formation Dark gray laminated siltstone and thinly bedded to very thinly bedded feldspathic wacke. Very sparse ilated granules and pebbles of pink granite in upper 2'. Lenticular bedding common. Rocks exhibit moderate magnetic attraction throughout Bedding at 9 degrees to core axis Bedding at 9 degrees to core axis. 73. Bedding at 8, 9 degrees to core axis Fracture zone: several chloritic slips at 3, 4, 5, 7 degrees to core axis, me with thin films of carbonate and deep red hematite Bedding at 9 degrees to core axis Bedding at 5-5 degrees to core axis. 41I15SE RATHBUN 2

8 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-3 Page 2 From - To (feet) Description Bedding at 6 degrees to core axis Bedding at 6 degrees to core axis. Sparse chloritic slips at O, 2, 3, 4, 6 7 degrees to core axis to 187.1' Thin lens of brick- red feldspathic sandstone, does not extend completely around core. Ranges up to 1 mm thick. Carries c.5% disseminated fine - grained pyrite and chalcopyrite in approximately equal amounts. Some small clusters of sulphide grains appear to parallel bedding Fracture zone: core considerably broken on chloritic slips at O, 2, 3, 5, 7 degrees to core axis. Some hematite stain on slips together with minor carbonate and epidote Quartz veinlet 2 mm thick at 5 degrees to core axis, cuts bedding at c.9 degrees. Quartz stained red. Minor epidote on vein wall Bedding at 5-6 degrees to core axis. Sparse chloritic slips at 3, 4, 5, 7 degrees to core axis Bedding at 6 degrees to core axis Weak fracture zone: a few rectangular fractures filled by films of epidote and hematite. One grain of chalcopyrite 2 mm across at edge of epidote-filled fracture.

9 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-3 Page 3 From - To (feet) Description 227. Bedding at 6 degrees to core axis Weak fracture zone: chloritic slips at O, 1, 2, 6 degrees to core axis. A few epidote - hematite filled fractures Lens of massive epidote in 1/2 core, ranges up to 1 mm thick, rimmed in part by thin zone of brick-red siliceous material (very fine-grained quartz?). Lens at 5 degrees to core axis. Sparse chloritic slips, most commonly at 4 and 7 degrees to core axis. End 25. Bedding at 6 degrees to core axis. Notes: Hole planned by and drilled on instructions of M. C. Mcleod. Hole location data from R. J. Charron.

10 OT8. CON 5 122H52" \ -. 1^2 M52 LOT 7. CON. - pmz l -. Lju-Ait^i. t-^~4i,. ^T S 7. ^T ; ^^^ KEY MAP LOCATION OF CLAIMS S b S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

11 RBL 3-3 (-45, 255') \ \ S Rathbun Lake RBL 3-4 (-45,25') Note: Collars of RBL located 89' north of old shaft, A 1,62' west, 225' north of #2 post of claim S SCALE 1 2 _l Feet PLAN OF DRILL HOLES RBL 3-3&-4 CLAIM S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

12 ?"" RBL 3-3 (-45", 25 5') 315 Rathbun Lake 255' Legend 3 Sudbury Breccia 2 Nipissing Gabbro S Gowganda Formation a Laminated siltstone, feldspathic wacke b Feldspathic wacke, minor laminated siltstone fz Fault zone, fault breccia SECTION ON DRILL HOLE RBL 3-3 SCALE 1 2 l Feet LOOKING NORTHEAST CLAIM S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

13 DIAMOND DRILL RECORD Company: Flag Reurces (l985) Ltd. Property: Rathbun Lake Hole No. RBL 3-4 RECEIVED SEP O 2 23 GEOSCIENCE ASSESSMENT. OfFICE Claim No. S.I Collar Location: 1,62' west, 225' north of #2 post claim S.I , c. 2' east of shore of Rathbun Lake. 89'north of old shaft. Azimuth: 225 Dip: 45 Total Depth: 25' Core Size: BQ Date Started: March 27, 23 Date Completed: March 28, 23 Logged By: P. E. Giblin Date Logged: August 6, 23 Page l Drilling Company: RonKor Diamond Drilling Ltd. From - To (feet") Core Stored: 95 Suez Drive, Hanmer, ON Description -9.5 Overburden Gowganda Formation Predominantly dark gray laminated siltstone and thinly bedded to very thinly bedded feldspathic wacke. Very sparse ilated granules and pebbles of both pink and gray granite, and of white quartz. Granite clasts often carry trace - c.1% fine - grained disseminated chalcopyrite. Lenticular bedding common. Rocks exhibit moderate magnetic attraction throughout. Evidence from dropstones indicates stratigraphic tops are "up hole", i.e. tops face east. 28. Bedding at 6 degrees to core axis Bedding at 7 degrees to core axis. 48. Lenticular bedding at 7, 8, 9 degrees to core axis. Occasional chloritic slips at 2, 3, 6, 7, 9 degrees to core axis Fracture zone: numerous chloritic slips at 3, 4 degrees to core axis. 41I15SE RATHBUN 3

14 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-4 Page 2 From - To (feet) Description 87.4 Bedding at 8 degrees to core axis. Occasional chloritic slips most commonly parallel bedding, generally at 8 degrees to core axis , : Weak fracture zones, several chloritic slips at O, 1, 2, 3 degrees to core axis. 12. Bedding at 8 degrees to core axis Subround gray granite pebble carries ^^/o fine - grained disseminated chalcopyrite. Bedding slightly depressed beneath pebble. Stratigraphic tops "up-hole". 13. Bedding at 8 degrees to core axis. Sparse chloritic slips at O, 1, 3, 6 degrees to core axis A few thin quartz - feldspar - chlorite veinlets 2 mm thick at 3-5 degrees to core axis, comprise ^l'/^ of section Quartz - feldspar - chlorite veinlet 2 mm thick on chloritic slip at 1 degrees to core axis.

15 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-4 Page 3 From - To (feet) Description Lens of pink feldspathic sandstone 4 mm thick carries <<\% fine - grained disseminated chalcopyrite. Bedding at 7 degrees to core axis Subround pink to brick-red granite pebble carries trace fine - grained disseminated pyrite and chalcopyrite. c Fracture zone: numerous chloritic slips at O, 1, 4, 8, 9 degrees to core axis Bedding at 8 degrees to core axis. Sparse chloritic slips to 217' at 2, 4, 6, 8 degrees to core axis Trace fine - grained disseminated chalcopyrite in sandy bed. 2.2 Elongated pink granite pebble. Underlying beds depressed. Thin lens of chalcopyrite in upper grayish part of pebble. Chalcopyrite lens is l mm thick x 5 mm long, is parallel to nearby bedding. Minor fine - grained epidote in granite pebble. Thin beds immediately below pebble and me up to 1 mm above top of pebble are bright green due to epidote content Fracture zone: numerous chloritic slips at 1, 3, 5, 6 8 degrees to core axis.

16 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-4 Page 4 From - To (feet) Description Weak fracture zone: chloritic slips at O, 3, 8 degrees to core axis Sparse epidote - filled fractures at 3 degrees to core axis, are 2-4 mm thick and carry small wallrock fragments, comprise <<l% of section Quartz - feldspar veinlet 3-5 mm thick at 9 degrees to core axis, epidote zones 1-2 mm thick on walls Pink quartz - feldspar veinlet 5-1 mm thick at 6 degrees to core axis Crackle breccia zone confined to one side of chloritic slip at 1-2 degrees to core axis. Small patches of pink quartz - feldspar fill irregular angular fractures in wacke and cut small lenses of epidote. Epidote lenses are 2-3 mm x 8-1 mm. Fracturing fades out into minor parallel fractures at 4, 5 degrees to core axis Bedding at 8 degrees to core axis. Epidote lens 5x15 mm, a few smaller ones appear to replace sandy layer. Epidotized beds comprise ^IVo of section 212' - 23'. Sparse chloritic slips at 3, 5, 6 degrees to core axis.

17 DIAMOND DRILL RECORD Company: Flag Reurces (1985) Ltd. Property: Rathbun Lake Hole No. RBL 3-4 PageS From - To (feet) Description Fracture zone: core badly broken, numerous chloritic slips at 2, 4, 5, 8 degrees to core axis. Minor epidote, quartz and feldspar coating on me slip surfaces Bedding at 7 degrees to core axis A few fractures at 6-9 degrees to core axis carry epidote bands 5-1 mm thick, comprise 5 1 O'Yo of section Quartz veinlet 2 mm thick on chloritic slip at 3 degrees to core axis. End Notes: Hole planned by and drilled on instructions of M. C. Mcleod. Hole location data from R. J. Charron.

18 KEY MAP LOCATION OF CLAIMS S S S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

19 RBL 3-3 (-45, 255') \ \ S Rathbun Lake RBL 3-4 (-45", 25') Note: Collars of RBL located 89' north of old shaft, 8,1,62' west, 225' north of #2 post of claim S SCALE 1 2 Feet PLAN OF DRILL HOLES RBL 3-3 8c - 4 CLAIM S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

20 RBL 3-4 (-45", 25') Rathbun Lake 25' S Legend 3 Sudbury Breccia 2 Nipissing Gabbro 1 Gowganda Formation a Laminated siltstone, feldspathic wacke b Feldspathic wacke, minor laminated siltstone fz Fault zone, fault breccia SECTION ON DRILL HOLE RBL 3-4 SCALE 1 2 _l Feet LOOKING NORTHWEST CLAIM S RATHBUN TOWNSHIP, SUDBURY MINING DISTRICT FLAG REURCES (1985) LTD.

21 - ONTMHO MINISTRY Work Report Summarv OF NORTHERN DEVELOPMENT AND MINES Transaction No: W Status: APPROVED Recording Date: 23-SEP-2 Work Done from: 23-MAR-25 Approval Date: 23-OCT-14 to: 23-MAR-28 pdr LL 41I15SE RATHBUN 9 Work Report Details: Claim* Perform Perform Approve Applied Applied Approve Assign Assign Approve Reserve Reserve Approve Due Date S MAR-1 S S MAR-1 24-MAR-1 S S S S S S S S S S S MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 S S S S S S S S S S2.364 S1 1,543 32,364 S1 1, , S1, 657 S11, 543 S8 53,6 54 S ,657 11,543 S JUL-2 24-AUG-3 24-SEP-3 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 24-MAR-1 S S8 S8 24-MAR-1 S1 3,97 513,97 S1 3,2 S1 3,2 S13, 2 513,2 S External Credits: Reserve: 577 Reserve of Work Report* W S77 Total Remaining Status of claim is based on information currently on record. 23-Oct-16 13:14 Armstrong-d Page 1 of 1

22 Ministry of Northern Development and Mines Date:23-OCT-14 Ministere du Developpement du Nord et des Mines Ontario GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5 MURDO C. MCLEOD FLAG REURCES (1985) LIMITED TH AVE. S.W. CALGARY, ALBERTA T2P OM2 CANADA Tel: (888) Fax:(877) Dear Sir or Madam Submission Number: Transaction Number(s): W Subject: Approval of Assessment Work We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval. At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time. Thank you for your response to the 45 Day Notice dated September 16, 23. The deficiencies outlined in the Notice have been corrected. Accordingly, assessment work credit has been approved as outlined on the AMENDED Declaration of Assessment Work Form that accompanied this submission. If you have any question regarding this correspondence, please contact STEVEN BENETEAU by at or by phone at (75) Yours Sincerely, /fwi ^ c Ron C. Gashinski Senior Manager, Mining Lands Section Cc: Resident Geologist Flag Reurces (1985) Limited (Claim Holder) Assessment File Library Flag Reurces (1985) Limited (Assessment Office) Visit our website at Page: 1 Correspondence 1:18762

23 41I15SE RATHBUN 2 CANADA DEVELOPMfiHTAND MME FBOV1NCIAL MINING HECORMfffV OffKC Mining Land Tenure Map Date/Time of l*tue: TueOct M 14:25:1 EDT E S36 TOWNSHIP 7 AREA PLAN RATHBUN G-493 ADMINISTRATIVE DISTRICTS l DIVISIONS Mining Division Land Titles/Registry Division Ministry of Natural Reurces District Sudbury SUDBURY SUDBURY TOPOGRAPHIC Land Tenur* Fmhdld Pattrt "'--j ttifttt And Mining nghu r~j jj Mining High* Only WawtoWfttent f"; CM.PIIIPIK B3 luf** And Mining regntt,,,,,,,, Contour B UrmShnflii 4 M HMtHmm Nakray,,...,,, "tm m S3 13 li l m Mtwftttl "to**** Only 9ufw* Am) MMng Raws Sur'iwRlglWOnly Mining Rights Only Drddr In Council (Not opart for staking) *r** Eli! Mining data LAND TENURI WITHDRAWALS IMPORTANT NOTICES MIMHUMM LAND TlNURE WITHDRAWAL DESCRIPTIONS Idantldar Type Date : i 5682 Wm 5742 j Wim 642 Wwt W-11-FW5 Wwi W-tt-F181 Wfm W-ll-FUiAJO Wan W-LL-P174 ' Wtm W-S. 1/94 W-3-46/93 W-S-49/2 W-9-D2 W.67/76 Wtm Wm Wm Wm Wm Jan 1, 21 Jan Jtm1, 21 Nov Aug 29, 22 4,2 Jan 3, 22 Ort 1, 1994 Jul 26. U9S Sep 5,22 Nov Jan 1, 198 FLOODING ELEVATION: 1.5 FT LA 6186 WININO RIGHTS OF THE LAND S THE LAND UNDER THE WATERS OF WANAP CROWN RES. S. R.O. Mining md Surface rights withdrawn Suction 35 of ttw Mining Ad MO 119 Ord* o hwk rji,wndm(wines^andsfllvl*o;g(lk^22ori1*i if Sac, SS W-LL-F1S1/ ONT OCT.4/ M*S <ahrllf ' g/glllii/22ord l J WITHDRAWAL W-S. 1/94 1/1M MM WITHDRAWAL W-S-J6/S3 28/OWtS MM U51 Soc 35 W-S-49/2 M.R.O. 22/8/ Mining rights withdrawn Nov. 29, 22 CNR (right rf way) SEC.SMO WJ7/76 17/11/78 MRO 7M8 vol.9 Mining fightt of the land and land u Those wishing to KtttkA mining claims should consult with the ProvinrJal Minlne Record* ' Offlc* of tha Ministry of Northwn Doyalopmvnt and Mines for additional information on th* rt a tin of #1 lands shown hareon, TNf map is not intended for rtavfoational, (turvoy, or land titl* determination purpotat as th* information shown on thft map f* oompltwf from various eouroat. Compirtsnsss and accuracy ant not guaranteed. Additional Information may al be obtained through the focal Land Titles or Registry Office, or (tie Ministry of Natural Reurces. - Tha information shown l* tfwivnd from digital data svdtlnbl* in the provincial Mining Recordara* Office at the time of downloading from tha Ministry of Northern Development and Mtnet web site. General Information and Limitations contact inform ^ fi on: Toll free Map Datum: NAD 83 Provincial Mining Recorders' Office Td: 1 (MB) ea ittfcijmtlon: UTM (6 degree) Willet Orean Miller Centra 933 Ramsay Late Rond Fax: 1 (877) Topographic Data Sown: Land Information Ontario Sudbury ON P3E 6B8 Mining Land Tenure Sourca: Provinrtal Mining Recorders' Office Home Page: This map may not ahow unregistered land tenure and interests id land including certain patents, leases, easements, right of way*, flooding rights, licences, or other forms of disposition of right* ind interact from tha Crown, Alao certain land tenure and land utas that restrict or prohibit free entry to stake mining claims may not fee Illustrated.

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